Mexico partners with state government of Sinaloa to provide MXN 122 million to fishers

03.11.2025 595 views

The Mexican federal government and the state government of Sinaloa have announced plans to provide MXN 122 million (USD 6.6 million, EUR 5.7 million) to commercial fishers in the state through Bienpesca, a government welfare program that provides financial support directly to the nation’s fishers.

“What unites us is the sensitivity to bring well-being and prosperity to fishermen throughout the country and, in this case, to those in Sinaloa,” National Commissioner of Aquaculture and Fisheries Rigoberto Salgado Vázquez said in a statement.

The agreement will see each Bienpesca recipient in Sinaloa receive MXN 3,750 (USD 202, EUR 175) in addition to the MXN 7,500 (USD 403, EUR 350) the Mexican government injected into Bienpesca accounts earlier this year. The additional funding was provided through an agreement between the federal and state governments, which will split the costs of the MXN 122 million investment. 

The National Aquaculture and Fisheries Commission (Conapesca) estimates the payments will reach 32,500 fishers and aquaculture workers in the state.

“The people of Sinaloa are grateful, with more than 32,000 beneficiaries, both men and women. It's not just coastal fishermen and women; we also have inland fishermen and women, aquaculture farmers, and the crews of larger vessels who also benefit,” Secretary of Fisheries and Aquaculture of Sinaloa Flor Emilia Guerra Mena said in a release.

Disbursement of funds was set to take place 30 October. The funds can be used to purchase supplies, gear, and fuel for fishing. Sinaloa is the only Mexican state operating a state-level Bienpesca program offering additional support for its fishers above the annual federal investment in the program. Since being introduced in 2022, the state-level program has distributed over MXN 297 million (USD 16 million, EUR 14 million) to its fishing community.

Mexican fishers could also receive financial support in the form of lower fuel prices. At the signing event for the federal-state partnership, Vázquez reported that he had asked Mexican President Claudia Sheinbaum to set a lower fuel price for commercial fishing operations.

“I told the President that one of the main supplies for fishermen is gasoline, and I asked her to give us a preferential price for it. She said yes and that we need to work out the formula to determine the final price. This news, along with this agreement, will surely make our community – the fishermen and women – very happy,” he said.

 

Source - https://www.seafoodsource.com

30.09.2026

Spain - Fruit supplier targets 30-45% growth with year-round supply strategy

Senda Fruits is heading into another edition of Fruit Attraction with a clear objective: to expand its market presence and aim to meet the needs of its customers all year round. 

30.09.2026

Corn Stocks Shock U.S. Market as USDA Finds 2.1 Billion Bushels in Storage

USDA found 2.095 billion bushels of old-crop corn in storage, far above trade expectations and adding new pressure to U.S. grain markets.

30.09.2026

Namibia - Small-stock insurance could cost N$45m per region

The government is considering insurance options for livestock and crop farmers, but the Ministry of Agriculture, Fisheries, Water and Land Reform says the cost of providing cover across the country could be high.

30.09.2026

USA - Farm Aid Faces a Critical Delay as Growers Confront Rising Costs and Mounting Debt

Congress is weighing another $11.1 billion in farm aid, but payments may slip into 2027 as producers face rising debt, diesel costs and tighter margins.

30.09.2026

Nigerian tomato processor secures US$2.5 million AgriFI investment

EDFI Management Company (EDFI MC), through the European Union-funded Agriculture Financing Initiative (AgriFI), has signed a USD 2.5 million convertible-note investment in Tomato Jos Inc., a vertically integrated tomato farming and processing business in northern Nigeria.

30.09.2026

Gene-edited non-browning bananas move closer to UK market

Gene-edited bananas designed to resist browning after peeling and slicing have moved closer to commercialisation in the UK after receiving precision-bred status in England.

29.09.2026

USA - 2,000 new reefers added alongside new transport routes

Great White Fleet Corporation (GWF), an ocean carrier specializing in temperature-controlled logistics, has announced a commercial expansion across its Pan-American and European trade networks. 

29.09.2026

UK - Rain delays grain harvest in northern Scotland and raises crop loss risks

Persistent September rains have significantly disrupted grain harvesting in northern Scotland. The most difficult situation is in Orkney and Caithness, where large areas of crops remain unharvested.